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Forex Broker Shocking Games

Forex Brokers are notorious for playing games with their clients. Most new traders never know the real reason for their losing trades. When they come to know that it was their broker and not the market that was constantly tripping their stop losses, they never trust their broker again. You should never trust your broker ! Discover Forex Broker Nightmare. Watch this shocking Forex Mastery 2.0 and M3 Forex Software video predicting the DOW crumble days before it actually happened. Try Forex Mastery 2.0 System RISK FREE for 60 days. Learn this powerful Fibonacci Retracement method FREE that pulls 500+ pips per trade! 

You need to understand that forex brokers are above all marketing machines. Forex brokers continuously require a flow of new clients, since many retail forex traders don’t survive longer than a few months. After losing, more than 90% simply quit and give up forex trading.

Most popular way used by brokers to make you trade more and more and burn your money is to announce monthly Forex Trading Contests. Cash prizes of $2000, $1000 or $500 are announced. In order to win, many small traders get wiped out; losing their money. This is just a trick fx brokers use to make you trade more. The more you trade, the more money your broker makes. This trick is similar to a lottery.

There is a practice used by forex brokers called Price Shading. For example, if the broker is convinced that Euro is on an uptrend and its price is going to rise, the broker will shade his price quote slightly higher to take advantage of the likely increase in Euro price.

Retail forex market is an unregulated market. What this means is that most of the time retail forex traders are at the mercy of their brokers who take their clients for a ride. You be careful of your forex broker .